Nike opening store with deep shoe discounts

The 992 square-meter (10,675 square-foot) store features Nike products released up to four years ago. Items will sell for an average 65 percent off their original price.

To celebrate the launch, the clearance store will be offering additional 10-percent discounts on all products from today through Sunday.

Items at the clearance store will be around 20- to 30-percent cheaper than products at Nike’s factory outlets. These stores, such as the one in Lotte Premium Outlet’s Giheung branch, sell Nike products released one or two years ago for around 45 percent less.